How to Finance the Purchase of Foreclosures
http://screencastprofits.com – This video is part of an experimental “smart mob” project. It uses techniques covered in the Screencast Profits course from Lon Naylor at: http://screencastprofits.com
Duration : 0:5:10
Should You Buy a Foreclosed Home?
ABC News Report: “Should You Buy a Foreclosed Home? (How to Avoid a Lemon).
Duration : 0:3:38
Real Estate Investing Fundamentals, Show Me How Videos
Real Estate Investing Fundamentals
Investor and Wealth Building Video Series
In this video you will learn
•Proven techniques for investing in Real Estate
•How to locate deals on properties
•Learn about foreclosures, REO’s and tax sales
•The benefits of 1031 Tax Exchanges
•Working with tenants and leases
•Managing your properties
•How to limit your liabilities and risks
•Several experts give you industry knowledge
•Actual links to free foreclosure websites
•Links to free pre-foreclosure websites
•Links to free REO websites
•Download files on the DVD to assist you
•Go into an actual investment property
•Flipping properties
•Learn about some of the financing options to you so you can retire early
Learn from several experienced real estate investors. Your will receive their advice on how to get started and take the fear out of this rewarding venture. These investors will give you real world experience including the pros and cons on investing. You will hear from veteran investors so you may develop your own investing philosophy. The free links provided in this video are some of the same ones you may pay hundreds of dollars for on pay per foreclosure websites.
Now with low interest rates and high foreclosures this is the perfect time to purchase investment properties. This how to DVD will show you some of the methods the rich get richer and how to get into the real estate investing market. 1031 Tax exchanges are one method that investor increase their net worth and defer their tax liability.
This video will educate you how to protect your real estate investments and insider knowledge on how to manage the properties and the rental tenants. This video is not a quick rich video, but rather a real life approach to understanding some of the tools that experience real estate investors use every day in working in the housing market.
Our experts include; Audrey Richter-Realtor, Investor, Tom Harner-Investor Coach, Lender, Herb Chisholm-Property Manager, Stephen Showalter-Investor, Diane Rivera-1031 Tax Exchange Expert, Cheryl Moses-Property Manager, Marilyn Gelsie- Investor, Lender and Dave Born-Realtor and Investor.
For the complete video visit www.showmehowvideos.com
Duration : 0:2:34
New Alliance Realty – Santa Maria, CA
New Alliance Realty 888-350-8836 http://www.yellowbook.com/profile/new-alliance-realty_1845234836.html
Duration : 0:0:36
sell my house in Santa Maria today
If you want to be a better investor go to my website at Recycled Homes there is a much better and easier way.
Duration : 0:3:6
SANTA MARIA,CALIFORNIA
VIDEO OF Santa Maria‘S
Duration : 0:4:58
Discover How to Turn Your Real Estate Business Into a Cash Machine – Using Other Peoples Money
Like many real estate investors, I started out investing in real estate using my own money and credit. This worked fine for the first few deals. But eventually, as I purchased 20 to 30 properties, my lender at the time, Washington Mutual, cut me off from further deals and my personal funds dried up. I had built up a great deal of real estate equity, but was locked out from doing other deals with my traditional lender and could barely pay for my own groceries.
I had to find another way to fund real estate deals or
my investing career was over.
This is when I discovered private lenders who have funds to lend for real estate deals, but do not want the headaches and paperwork to actually manage tenants or properties. These individuals are generally middle class people, like you and me, who have some extra funds to lend. They can be retired business people, corporate executives, professionals such as doctors, lawyers, or business owners or even blue collar workers all looking for returns substantially above the 3% to 5% they get at the banks.
Let me first explain my definition of “Private Money”. Private money is funding that comes from private individuals, friends, family, IRA’s or any source other than institutional or conventional means. It is sometimes referred to as “Hard Money” or “Flash Cash.”
The question I had to figure out was, “How do I find enough of these folks to run an active real estate business buying 2 to 4 houses per month?” To address this issue, I developed a marketing plan that would allow these individuals to call me and raise their hand to indicate their interest in our lending program.
How Do I find Private Lenders?
Well, frankly, we advertise for them. It’s as simple as that! Finding private money is not nearly as difficult as people think. My simple marketing plan includes many of the following activities:
Network with everyone you know and develop a 60 second “Elevator Speech”:
“Are you getting a safe 9 to 12% return on your idle cash or retirement funds? No! Well, we buy houses and pay cash for each house and we use private lenders to fund our deals. We pay 9% to 12% on notes secured by local real estate. If you are not getting that type of predicable return on your money, I’ll be glad to get you the details. We occasionally hold a free small luncheon for potential investors, or I could also sit down with you at your convenience and show you how it works. If you like what you hear, simply let me know how much you’re looking to invest and how long you can have your funds tied up. I’ll put you on my list and look for an investment opportunity that meets your needs. When I find one, I will call you. At that time you can pass or play. There’s no obligation.”
Newspaper Ads such as Private Money Needed, Earn 14% plus 5 points, Rental, 70% LTV $65,000 call xxx-xxx-xxxx or Mortgage Note for Sale: $190,000 1st mortgage at 9% with low LTV. Call xxx-xxx-xxxx
REIA Newsletter and CraigList Ad:PRIVATE LENDERS NEEDED – Earn 9% to 12% hassle free on your idle cash or retirement funds secured by local real estate. I’m a professional real estate investor with over 50 successful transactions completed since 1999. I am not a financial planner, but a full-time buyer and seller of single family homes. We use private funds to pay cash for our real estate purchases and can pay you 9% to 12% when you help us fund our purchases.
To learn more visit us at www.xxxxxxxxx.com or call me at xxx-xxx-xxxx. Invest by xxxx 31, 200x and earn a $1,000 bonus.
Flyers, Postcards, and Speeches/Presentations: We also use flyers and postcards with a similar message using the above examples. Also, one of the best ways to get private lenders is to speak or present to groups. Senior citizen groups are always looking for presenters to attend their meetings and these people quite often have excess cash in CD’s or IRA’s that make them a natural lender.
Having private capital resources is critical to the success of the serious creative real estate entrepreneur. Even if you desire to use your own money, it never hurts to have another source or two available. If your funds are tied up, and a great deal comes along, you can immediately jump on it.
If you follow some or all of the above marketing suggestions, you will have people with money seeking you out to lend you money for your next deal.
Michel Lautensack
http://www.articlesbase.com/real-estate-articles/discover-how-to-turn-your-real-estate-business-into-a-cash-machine-using-other-peoples-money-92083.html
Investment In Real Estate – A Growing Sector
Can we really stop wanting to buy houses? We are constantly developing, constantly making progress, and of course, constantly adding to the population. The more the development, the more the place that is needed by the businesses; and of course the growing population only means added demand for housing. In such a scenario, the real estate sector has no choice but to grow!
Real estate investment is considered to be the safest option for investment. Of course there will be detractors who will try to tell you otherwise. The truth is you need to be well aware and purchase the right property so that you may be a success at the business. This you can only do when you know exactly what the demands of the market are, and the ideal property to buy.
Property-buying Tips
So what should you do to make sure you buy the right piece of property? Well, first of all, you need to make sure that your property generates residual income. This is the chief point of consideration when investing in real estate. You have to make sure your property gives you the maximum returns and you make a good profit at the end of the day.
To understand how residual income may be generated through real estate, you must educate yourself well, through various books, websites, and of course a tremendous amount of survey. Online tutorials are also a popular way of educating yourself regarding the real estate business. You need to grab at any bit of knowledge that comes your way because believe it or not, all of it will come of use to you at some point or the other.
Market-Related Information To Gather
Apart from reading, you need to survey the market in the area in which you intend to buy and sell. You need to be tuned in to the demands of the people in the area. The demands of the businessmen will vary from the demands of regular individuals. You need to make sure you understand all of these finer details really well. Once you understand the demands and know exactly what the local trends are likely to be in the coming months, you will know exactly which properties you should invest in, and understand which ones will generate suitable income.
Of course, you can learn a great deal from people whove been in the profession longer than you have. It would help tremendously if you have friends who are real estate agents or real estate brokering mortgagers. If you dont, maybe you should try and befriend a few, or apprentice with a few so that you can learn on the job. Theres nothing like practical experience. Many a professional real estate investor would probably be more than glad to give you beginners tips.
Once youve got the hang of it, start with helping friends and relatives with their real estate investment deals, and if you do well, youll know youre all set to take on the real estate world!
James Klobasa
http://www.articlesbase.com/investing-articles/investment-in-real-estate-a-growing-sector-96880.html
Discount Real Estate Santa Maria Brokers
Fact is, there are Santa Maria realtors who would not hit you with a really huge commission rate. These are the discount realtors, brokers or agents. In truth, there is really no standard fee rate or brokerage fee. You can negotiate commissions and there are realtors who are open to negotiations. In fact, they advertise the fact that their service comes cheap.
Many of these brokerage firms are capitalizing on the fact that people know that commissions can be negotiated. They are creating a market niche for themselves by offering discounted services outright. They promise to save Santa Maria home owners money. They also promise rebate commissions to potential homebuyers-clients.
Understanding How These Santa Maria Brokers Work
Traditional brokerage fees can go as high as 6-7% of Santa Maria homes selling price. A certain percentage of this is given to other agents as co-brokering fee. Basically, the listing agent earns more than other agents involved in the transaction.
Discount brokerage firms adopt different kinds of policies. Examples of these policies include:
a. Flat fee listing policies. Santa Maria realtors who adopt this policy basically take all their listings at a flat rate. A cooperating fee will be paid to selling brokers however. This fee will be taken on top of the flat rate and this will be paid by the seller as well. Usually, their advertising policy will not disclose this fact. Of course, this can be very misleading.
b. Buyer commission rebates. There are Santa Maria realty companies who offer buyers a flat fee from their commission. This money is paid by the seller. This is all dependent upon the condition that the buyer will hire an agent from the company.
c. Small percentage-fee listing policy. There are brokerage firms that advertise an incredibly small commission rate. They could go as low as 1% of the selling price. Of course, they rarely divulge the fact that the selling broker will have to be paid as well and they will charge an amount on top of their commission for this.
d. Reduction of brokerage fees in exchange for a transaction. There are times when the brokerage firm accedes to reducing their brokerage fees in return for another transaction. For instance, you can be asked to purchase a home from their listing. In return, they will reduce their commission fee.
e. Graduated fee policy. A graduated schedule of payment will be presented to you. The amount will be dependent on the services that will be required from the brokerage firm.
These are a few of the policy examples adopted by these kinds of Santa Maria realtors. If you are thinking of buying a house, do not just expend energy on looking for homes for sale in Santa Maria. You should also take the time to consider the best agent or realtor that you can hire.
How to Choose a Santa Maria Listing Agent
If you are looking at Santa Maria homes and thinking of buying a house for your family, there are things that you need to avoid doing. These mistakes can cost you a lot of money. This is also true for home sellers. Many homeowners select their listing agent based on:
- Who offers the highest listing price for the property
- Who charges the smallest commission fee
As a home seller, it is easy to base your decision on these things. Who doesn’t want to get the most out of the sale? Who doesn’t want to pay the smallest commission fee? These things translate to “more money for the seller”. Naturally, it is easy to base your decision solely on these things.
Unfortunately, these are not really the best criteria for judging the competency of a listing agent. If you really want to make money out of the sale, you need to hire a really good Santa Maria realtor, a listing agent who is competent, experienced and honest.
Should You Base Your Decision on the Suggested List Price?
Unless, you do not want really want to sell your house for any reason, the suggested list price can be a basis for your decision; otherwise, you will be committing real estate market suicide with this as your basis. Here is one secret that you need to know: Santa Maria realtors cannot tell you with absolute certainty how much your property will sell for.
They do not really know. However, they can show you comparative sale studies. This is where you and your listing agent will ultimately base the list price for your home. You make the choice and it is the buyer who will tell you if the price is right on the spot. Do not be lured in by promises of big money.
Unfortunately, there are many realtors or agents who will bend the truth a little just so they can get the listing. Be on the lookout for these types of realtors. You need to look for someone who will offer you a range instead of an exact bloated price. Pricing a property correctly is not an exact science. Some would say that it is an art even because there are a lot of things that you have to consider.
Should You Choose Your Agent Based on Commission Fees?
Definitely not! This is another huge mistake and this is something that you should avoid doing. Santa Maria realtors are not all the same. Their skills, expertise, experience and connections are different. Naturally, commission fees may vary as well. Therefore, you cannot base your decision on the commission fee charged. You need someone who can do the job best and not someone who can charge the lowest fee.